UPDATE: Piper Jaffray Initiates On ABM Industries On Strong Market Positioning

In a report published Monday, Piper Jaffray analyst George Tong initiated a Neutral rating on ABM Industries (NYSE: ABM ) and initiated a price target of $29.00. In the report, Piper Jaffray says "We are initiating coverage on ABM Industries with a Neutral rating and $29 price target. We believe